Pareto Alternative Investments AS ("PAI") has provided SEK 478.4 million in 1st-lien debt to the residential property Täby Boulevard, a fully owned subsidiary of Titania Holding AB (publ).
The loan is structured as a 5-year financing paying swap + 335 bps p.a. The property is fully let, and consists of 226 high-quality residential apartments with a strong ESG-profile in close vicinity to Stockholm, Sweden.
Link to press release: https://www.titania.se/sv/titania-erhaller-slutplaceringslan-pa-65-ltv/